This property looks like a bad Mid-Term investment with a projected -0.27% first-year return on $67,329 initial cash invested.
-0.27%
Cash On Cash
6.91%
Cap Rate
1.06
DSCR
$2,216
Rent
-$15
Cashflow
Cash Flow
$2,216 income − $2,231 expenses = $15 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,329
Downpayment
20%
$46,980
Closing costs
1%
$2,349
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,216
Total Expenses
$2,231
Mortgage P&I
58%
$1,279
Property Taxes
5%
$116
Home Insurance
4%
$82
HOA
0%
$0
Property Management
12%
$266
CapEx
4%
$89
Vacancy
3%
$66
Maintenance
4%
$89
Other
11%
$244